In a recent interview, Lend-Grow’s founders talked about their idea for starting the Lend-Grow marketplace, the business model, and some unique competitive advantages they have over the competition. They also discussed how Lend-Grow captures local demand, some current bank customers, how they attract borrowers, and growth plans for the future.
Lend-Grow is a new digital marketplace that helps smaller banks connect to local borrowers and help borrowers find better loans. Many lenders continue to be excluded from online marketplaces, while many consumers are unaware of the better rates these excluded lenders provide. Lend-Grow helps these banks break into the internet marketplaces they have been excluded from and helps consumers find better, cheaper financial products.